Chengdu Gas Group Corporation Ltd.

SHSE:603053 Stock Report

Market Cap: CN¥8.2b

Chengdu Gas Group Dividends and Buybacks

Dividend criteria checks 4/6

Chengdu Gas Group is a dividend paying company with a current yield of 3.25% that is well covered by earnings.

Key information

3.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth9.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.300
Payout ratio53%

Recent dividend and buyback updates

No updates

Recent updates

Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Shares Lagging The Market But So Is The Business

Dec 24
Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Shares Lagging The Market But So Is The Business

Chengdu Gas Group's (SHSE:603053) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 05
Chengdu Gas Group's (SHSE:603053) Shareholders May Want To Dig Deeper Than Statutory Profit

Does Chengdu Gas Group (SHSE:603053) Have A Healthy Balance Sheet?

Sep 25
Does Chengdu Gas Group (SHSE:603053) Have A Healthy Balance Sheet?

Lacklustre Performance Is Driving Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Low P/E

Aug 22
Lacklustre Performance Is Driving Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Low P/E

Investors Could Be Concerned With Chengdu Gas Group's (SHSE:603053) Returns On Capital

Jun 05
Investors Could Be Concerned With Chengdu Gas Group's (SHSE:603053) Returns On Capital

Chengdu Gas Group's (SHSE:603053) Solid Earnings Have Been Accounted For Conservatively

May 06
Chengdu Gas Group's (SHSE:603053) Solid Earnings Have Been Accounted For Conservatively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603053 has been paying a dividend for less than 10 years.

Growing Dividend: 603053's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Chengdu Gas Group Dividend Yield vs Market
How does 603053 dividend yield compare to the market?
SegmentDividend Yield
Company (603053)3.2%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Gas Utilities)3.1%
Analyst forecast (603053) (up to 3 years)n/a

Notable Dividend: 603053's dividend (3.25%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).

High Dividend: 603053's dividend (3.25%) is in the top 25% of dividend payers in the CN market (2.26%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.6%), 603053's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), 603053's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 12:08
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chengdu Gas Group Corporation Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution